API: America leading in natural gas production, carbon emission reductions
PHILADELPHIA, July 25, 2016 – The United States is leading the world in natural gas production that has increased 46 percent over the past decade. The leadership of the United States in natural gas production has also led to our nation being a global leader in the reduction of carbon emissions which are near 20-year lows.
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“Right now, our nation is experiencing an energy renaissance. Natural gas production has increased nearly 50 percent over the last decade thanks to technological advances in hydraulic fracturing. With the increase in natural gas production, America continues to lead the world in the reduction of carbon emissions due in part to clean-burning natural gas,” said API President and CEO Jack Gerard. “American consumers want an energy policy that embraces our abundant natural gas resources and it’s up to leaders at all levels of government to follow the will of the consumer.”
API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 650 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 30 million Americans.